A survey of New Zealand’s free local financial capability and budgeting services exposes the human damage being caused by loan companies and debt collectors and reveals the extent of law reform needed. The February 2019 “Survey of financial mentoring and budgeting services in Aotearoa on high...
FinCap, working with New Zealand’s 200 free budgeting services, warmly supports the recommendation that banks need to urgently improve oversight, controls and processes; and the need for banks to champion business models that focus on consumer interests. Financial mentors and budget advisers frequently report on...
FinCap welcomes the Government’s announcement of stricter controls over loan companies and debt collectors. The charity works with New Zealand’s 200 free budget services and the 60,000 people who use their services each year, and has helped over half those services to provide detailed, compelling...
Today a refreshed and revitalised national voice of New Zealand’s 200 financial capability and budgeting services, called FinCap, is launched. Every year, 60,000 Kiwis facing financial hardship visit financial capability and budgeting services for free help. This is provided by 1,200 financial mentors working in...